I am selling my property in London, having been a US resident for more than two decades. I live with my partner in America. The UK property has been let out during that time, but now that I am coming ...
Inheritance tax is charged on the value of someone’s estate at the point they die. Capital gains tax (CGT), on the other hand, looks only at what happens after that. When you inherit a property, its ...
As home values have soared, the taxes tied to owning and selling a home are under more scrutiny than ever. For longtime homeowners who bought low and watched their equity grow, it’s become a boxing ...
With the self-assessment deadline just three weeks away, taxpayers who need to report capital gains should take extra care to ...
“We would hope that HMRC would not charge penalties if tax returns submitted using HMRC’s software are incorrect and the ...